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Full text of "Shipping Practice"

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THE business activities of the merchant shipper are nearly
as multitudinous as those of the shipowner. He must have
an intimate knowledge of the requirements of the markets
of the world, and the realization of the right goods for
particular areas.

He supplies his own branches abroad with manufactured
stock or forwards goods according to the order he may
receive from his clients. He may deal as buying agent for
overseas clients, in which case he received either open or
closed orders. The dosed orders are orders for specific
goods of a certain manufacture, in which case the merchant
shipper arranges the purchase accordingly. If, however,
he received jm open order he makes inquiries in the corre-
sponding markets and obtains suitable goods at the most
reasonable prices.

Having obtained the goods he arranges for the packing
to be done. This in itself is work for an expert. Much
money can be saved by the manner in which goods are
packed. The packer must have a knowledge of the rates
of freight chargeable on goods, and must see that no high
rated goods are packed with low rated goods. It is the
custom and right of the shipping companies to charge freight
at the highest rate on goods contained in a case. If, there-
fore, a packer packs a case of tin saucepans which may be
rated ioos., and includes in the case a package of silk goods
which are rated at say 2005., then irrespective of the fact
that the saucepans take up 95 per cent of the space of the
case the rate of freight chargeable would be 2oos. This
additional freight could easily place upon the cost of the
saucepans sufficient extra cost to be the cause of a lost
market. The packer, therefore, would be better advised
to make one case of the saucepans, which would be charge-
able at ioos., and another smaller package of the silk goods